Brief: Starrag Group Holding: Proposal To Waive Dividend

StarragTornos AG

30/03/2020 06:25

March 30 (Reuters) - Starrag Group Holding AG  STGN.S :  
    * NO ATTENDANCE IN PERSON AT THE 2020 ANNUAL GENERAL MEETING
–
PROPOSAL TO WAIVE THE DIVIDEND
    * HAS DECIDED TO PROPOSE TO THE ANNUAL GENERAL MEETING THAT
THE
DIVIDEND TO BE DISTRIBUTED TO SHAREHOLDERS, WHICH HAD ORIGINALLY
BEEN ENVISAGED TO BE CHF 1.00, BE WAIVED
    * THE CURRENT SITUATION WILL HAVE AN IMPACT ON THE
EXPECTATIONS
PUBLISHED AT THE BEGINNING OF MARCH REGARDING THE ORDER INTAKE,
SALES AND RESULTS FOR THE FINANCIAL YEAR 2020, WHICH CANNOT
CURRENTLY BE GAUGED

    
 Source text: https://bit.ly/39uLBU8
    
 Further company coverage:  STGN.S  
   
    
    

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))